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SIGNATURE LESLIE L. OGG
TITLE VICE PRESIDENT
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
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<NAME> AXP SELECTIVE FUND CLASS A
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<ACCUMULATED-NII-PRIOR> 791648
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<EXPENSE-RATIO> .95
[AVG-DEBT-OUTSTANDING] 0
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 2
<NAME> AXP SELECTIVE FUND CLASS B
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 3
<NAME> AXP SELECTIVE FUND CLASS Y
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<ACCUMULATED-NII-PRIOR> 791648
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</TABLE>
EXHIBIT 77D for AXP Selective Fund
At the Board of Directors meetings held on September 8-9, 1999, the following
investment policy was eliminated:
Under normal market conditions, the Portfolio does not intend to commit more
than 5% of its total assets to when-issued securities or forward commitments.
